Brandon Sargeant who was rescued from the water has described the ordeal to ABC New York, saying his friend was about to drown.

"The ice was already cracking, so all of us tried to grab (him), because he was in the middle, and then he was panicking. And then when they got the ladder, he pulled the ladder and then everybody fell in," Sargeant said.

Local authorities say the teenagers were all taken to local hospitals to be treated for hypothermia.

The models are being hailed as heroes by the online community and local media for their efforts in saving the group of teens.

We're incredibly proud of one of our models, Bennett Jonas, for helping to save the lives of 7 teens from an icy pond in NYC last night. pic.twitter.com/VeAZg6wlqU